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Toyota commits $3.4 billion to battery development in US

On Monday, Toyota Motor North America unveiled a plan to spend billions of dollars on automotive battery development in the US. The carmaker also intends to build a new battery manufacturing plant along with Toyota Tsusho that will begin producing batteries by 2025. The $3.4 billion-dollar announcement is for projects through 2030. They include producing […]
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Detroit’s Big Three carmakers have mandated vaccines in Canada

On Thursday, the Big Three carmakers out of Detroit each issued statements that COVID-19 vaccines would become mandatory for any employees, contractors, or visitors...

Ford drives a lifestyle brand growth strategy

Launching off its successful Bronco and Mustang Mach E, Ford wants to expand the brand that once partnered with Versace to sell $1,135 Ford...

General Motors five years ahead of schedule for 100% renewable energy

On Thursday, September 30, General Motors issued a press release to announce the carmaker plans to acquire 100% of its power from renewable energy...

Ford commits $11.4 billion for shift to electric vehicles

A monumental announcement by Ford CEO Jim Farley sees the carmaker investing $11.4 billion into electrified mobility. The investment will create roughly 11,000 new...

Ford ends production in India after $2 billion in losses over past decade

The fifth-largest carmaker in the world, Ford, is pulling the plug on manufacturing in India. In an announcement on Thursday, Ford CEO Jim Farley...

A handful of C-suite roles change in auto industry this week

In the past few days, significant roles in the automotive industry have shuffled. The moves impact major carmakers like Ford, Mercedes-Benz, and Chrysler as...

Ford doubles F-150 Lightning production target on strong demand

It’s been just over three months since Ford announced the all-electric version of their best-selling pickup, the F-150 Lightning. Deliveries are expected to start...
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